Mobotech Update June 2016: US Showcases & Demonstrations Continue; Last Investment Round Still Available

Another busy month showcasing and demonstrating the Mobots around the US.

Greg Ecker (President, Magline) and Steve Haythorne presented the Mobot to the 3PL & Chief Supply Chain Managers Summit in Chicago. This event was attended by 400+ senior logistic, retailer and manufacturing managers as a means to keep pace with innovation and meet with industry enablers to solve industry pains. The highlight for Mobotech were introductions to Wal-Mart’s and Kroger who were interested in the Mobotech solution for automating their last mile delivery system.

Mobotech also conducted demos to two key US companies based in Texas. Dean Foods, the biggest milk distributor in the US and Frito-Lay, a massive chips & dips, Pepsi owned Company. Both have last mile distribution issues that the Mobots potentially solve. They have since provided specs for Mobots and both are looking to schedule trials next month. As well as Dean Foods & Frito-Lay we also have trials being scheduled with Dollar General, PepsiCo and Saddle Creek Logistics coming up.

In order to support these trials, Magline have funded the shipping of the remaining four Mobots from NZ to the USA. They also now have the manufacturing and BOM plans to support the Mobots through these trials.

The last round still has NZ$200K available for investing should anybody wish to help with the final pre-sales push and take advantage of a de-risked opportunity.

ABOUT MOBOTECH

Mobotech design and build mobile robots (Mobots) for the fast moving consumer goods (FMCG) industry. The Mobot is a patented, smart, connected load transfer vehicle for use in logistic/supply chains to help save these companies millions in transportation costs, increase inventory control and injury prevention.